What amount is to be repaid on a loan of 10000 for 1½ years at 10% per annum compounded half yearly?

What amount is to be repaid on a loan of Rs 12000 for 11/2 years, at 10% per annum compounded half yearly.

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A shopkeeper bought two TV sets at Rs 10,000 each. He sold one at a profit 10% and the other at a loss of 10%. Find whether he made an overall profit or loss.

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A milkman sold two of his buffaloes for Rs 20,000 each. On one he made a gain of 5% and on the other a loss of 10%. Find his overall gain or loss.(Hint: Find CP of each.)

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Find the buying price of each of the following when 5% ST is added on the purchase of

(a) A towel at Rs 50

(b) Two bars of soap at Rs 35 each

(c) 5 kg of flour at Rs 15 per kg

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Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?

(Hint: Find A for 2 years with interest is compounded yearly and then find SI an the 2nd year for 4/12 tears.)

Here, we shall calculate the amount for 2 years using the CI formula. Then this amount will become the principal for next 4 months, i.e. 4/12 years.

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Calculate the amount and compound interest on:

(a) Rs 10,800 for 3 years at 121/2 % per annum compounded annually.

(b) Rs 18,000 for 21/2 years at 10% per annum compounded annually.

(c) Rs 62,500 for 11/2 years at 8% per annum compounded half yearly

(d) Rs 8,000 for 1 year at 9% per annum compounded half yearly.

(You could use the year by year calculation using SI formula to verify.)

(e) Rs 10,000 for 1 year at 8% per annum compounded half yearly.

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Question

If the interest is compounded half-yearly, calculate the amount when the principal is  Rs7400, the rate of interest is 5% per annum and the duration is one year.

Hint:

From the information provided, use the formula of total amount.

The correct answer is: 7774.63 Rs

Complete step by step solution:We calculate the total amount by the formula …(i)where P is Principal amount, T is number of years and R is rate of interestHere, we have T = 1, P = 7400, R = 5% and A = ?On substituting the known values in (i), we get  Rupees which can be rounded to 7774.63 Rs

Solution : Here, interest is compounded half-yearly.So, <br> Time, `t = 3` half years<br> `:.`Rate of interest `r = 10/2 = 5% ` per half yearly<br> Loan amount, `P = "Rs." 12000` <br> So, Amount to be repaid, `A = 12000(1+5/100)^3`<br> `A = 12000xx(21/20)xx(21/20)xx(21/20) = "Rs."13891.5`

hi students the question is what amount is to be repaid on a loan of rupees 12000 for one and a half years at 10% per annum compounded half-yearly sweaters given that principle is 12000 right rate of interest is 10% and time is one and half year so 11 by to this is a mixed fraction so to into one is two plus 1 3 by 2 3 by 2 years is the time right now it is saying that we have to compound the interest half yearly so in the questions when we have to calculate the compound interest half yearly we have to divide the rate of interest by 2 and x x to write so 10 / 25 persons were in the question we have to take the rate of interest as 5% and

3 by 2 into 2 that is equal to to cancel three years so in the question again time is three years rate of interest is 5% and principal amount is 12% 12000 now the formula for calculating the amount on on compound interest is amount is equal to principal oneplus rate divided by 100 raise to the power n Where n is the time only so principle is principal amount is 12000 right into 1 + rate of interest of 5% / 5 / 110 23 right so this is equal to 12005 into one is 55 into 2100 so now we are taking the LCM of 1 and 20 the LCM of 1 and 20 is 21 in 220

20 and 21 21 is one and one into one is 1020 Plus One race to the power 3 which is equal to 12000 multiply 3 + 1 is 21 / 20 whole raise to the power 3 so this is equal to 12003 X multiplication of 21 by 2021 by 20 and 21 by 20 No 12 and 30 years will be cancelled 1 2 and 3 so this is equal to 2 into 1 is to 2 into 6 is 1221 is to 2 is to 3 is 6 so this is equal to 3 into 21 into 21 into 21 / 2 / 2021 in 221 the squares we have already it is a 20 18 to 21 is 4:40 1441 and 21 in to 3 is to INR

is 63/2 knowledge calculate 441 and 63 so this is equal to 3 into 13324 12 and carry 324 12136 into 16 16 24 24 to carry 16 to 24 25 26 rights to this is equal to 38772 that this is equal to 27783 to divide 27783 bye-bye to this is equal to 2 into 1 to 2 into 361 carry to in 2816 2918 2 into 1 2 and 5 so this is the answer write this is the amount after 3 years on harvin compound interest calculated half yearly

What will a loan of 10000 amount to in 2 years if compounded annually at the rate of 10% per annum?

What amount has to be paid on a loan of Rs 12000 for 3 years at 10% per annum compounded annually?

What will be the compound interest on Rs 10000 at the rate of 12% per annum for a year compounded half yearly?

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